PUBLIC WORKS LOAN (1921) ORDINANCE

Arrangement of Sections

1. Short title.

2. Authority to Governor to borrow by sale of debentures or inscribed stock.

3. Commencement of contribution to sinking fund.

4. Repeal.

SCHEDULE

6 of 1921.

AN ORDINANCE to make provision for a loan of six million pounds sterling for the construction of certain public works and other purposes.

[Date of Commencement: 16th February, 1921]

1. Short title.

This Ordinance may be cited as the Public Works Loan (1921) Ordinance.

2. Authority to Governor to borrow by sale of debentures or inscribed stock.

(1) The Governor is hereby authorized to issue stock or debentures, or both, under the provisions of the General Loan and Stock Ordinance to an amount sufficient to produce, as nearly as may be, the sum of six million pounds sterling, to be appropriated and applied to the purposes specified in the Schedule, and such further sum as may be necessary to defray the expenses of issue:

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